Hi All,
I hope someone can help me with the following function (follow the link): https://we.tl/c3IY2goPE0
I'm trying to minimize a function, existing of some different parameters. All parameters are known(exept for R) and variable and the goal is to find the variable R that minimizes the result.
The function exists out of the sum of 4 parts.
The things I've already learned about the function is
1. that only the following variables influence the result:
M, Q, C, P, H, D.
2. Minimizing the first, second and last part is done by the formula: (M*D)/((M*D)+(H*Q)). So taking into account the third part is too hard for me.
3. The result has to be the CDF of the normal distribution ( a number between 0 and lower than 1). With this number and the known standard deviation and mean, I can find the optimal R.
The italic normal distribution sign is the PMf and the non italic normal distribution sign is the CDF.
4. A number example is the following:
M : 10
H: 7
D: 1250
Q : 200
L: 150
S: 65
P: 0.75
C: 75
K: 5
R optimal is here R = 243 and the related z-value is 1.43 from which the CDF is 92,98%.
The formula has thus give the solution 0.9298 with given variables.
Thanks in advance,
Steven
I hope someone can help me with the following function (follow the link): https://we.tl/c3IY2goPE0
I'm trying to minimize a function, existing of some different parameters. All parameters are known(exept for R) and variable and the goal is to find the variable R that minimizes the result.
The function exists out of the sum of 4 parts.
The things I've already learned about the function is
1. that only the following variables influence the result:
M, Q, C, P, H, D.
2. Minimizing the first, second and last part is done by the formula: (M*D)/((M*D)+(H*Q)). So taking into account the third part is too hard for me.
3. The result has to be the CDF of the normal distribution ( a number between 0 and lower than 1). With this number and the known standard deviation and mean, I can find the optimal R.
The italic normal distribution sign is the PMf and the non italic normal distribution sign is the CDF.
4. A number example is the following:
M : 10
H: 7
D: 1250
Q : 200
L: 150
S: 65
P: 0.75
C: 75
K: 5
R optimal is here R = 243 and the related z-value is 1.43 from which the CDF is 92,98%.
The formula has thus give the solution 0.9298 with given variables.
Thanks in advance,
Steven